Business Owner Policy (BOP)
What is Business Owner Policy?
A business owner policy (BOP), is a package policy that combines all major property and liability risks in one. It is designed for small businesses to have the basic required protection in one policy at a premium less than having individual policies.
WHAT IS COVERED?
A BOP typically consists of three major parts, property insurance, business interruption insurance, and general liability.
- Property insurance covers buildings and contents such as business furniture or equipment.
- Business interruption insurance covers the loss of income resulting from a fire or other catastrophe that disrupts the operation of the business. It can also include the extra expense of operating out of a temporary location.
- Liability protection covers your company’s legal responsibility for the harm it may cause to others. It protects your business from another person or business’ claims of bodily injury, associated medical costs and damage to their property.
It’s important to note that general liability does not protect your OWN property. If you want to have a complete policy that protects your property and the liability protection, consider buying a business owner policy.
All BOP’s can be customized to tailor to your business needs and protection by adding additional coverages for a premium.
MAJOR TYPES OF BUSINESS INSURANCE:
We all want a healthy smile, let us help take care of your dental needs.
If you rely on your vehicle for work, we want you to rely on us to insure you.
Get well, stay healthy, be covered.
Whether you own, lease, or finance your car, we’ve got you covered.
Protect your business with an insurance policy you can count on.
Rent, own, invest, insure, repeat.
With over 21 years of experience in the insurance industry, we are very proud to help our clients in our community with the right coverage for them.